A new A$5m production facility has opened in Dandenong South (south-east of Melbourne) which will create 20 new jobs.
The new 3fold Resources plant will consolidate the company's manufacturing, warehousing and project management under one roof.
3fold Resources employs 100 workers and provides design, sourcing, manufacture, installation and on-going support services and warehousing for store fit-outs for high profile companies such as Wesfarmers.
The company will also employ an extra 20 new workers, including some from the automotive sector.
The Victorian Government's A$46.5 million automotive transition plan is designed to help businesses, workers and communities affected by the closure of the car manufacturing industry in Australia.
It includes the A$10 million Local Industry Fund for Transition program to stimulate private investment that creates new sustainable jobs and economic activity in the south-east.
The A$5 million Automotive Supply Chain Transition Program is also available to help local businesses get the expert help they need to identify new opportunities and develop a business plan to transition into new markets.
Victorian businesses can also apply for grants of up to A$500,000 to help implement new manufacturing technologies and processes, through the Victorian Government's A$200 million Future Industries Fund.
Grants of up to A$1 million are available under the program to support the development of new energy or renewable energy projects.
Information about these programs is available on the Business Victoria website.